Joe Ferguson: CPS leaders must get the district’s debt under control

Possible solutions are tied to two reasons CPS carries so much debt — an unsustainable number of school facilities and ...
AOL

CPS faced with tough choices as preliminary budget shows $732M deficit, enrollment drops

Every Chicago Public Schools principal received their budgets for the next school year on Tuesday. With a district facing an almost $1 billion budget deficit, CPS is faced with some tough choices. CPS ...

CPS announces plan to cut jobs, increase class sizes, citing $732.5M budget deficit for 2026-27 school year

The Agenda Review Committee for the Chicago School Board held a meeting Wednesday after Chicago Public Schools announced a ...
WBEZ

CPS plans to cut teacher positions, raise class sizes in bid to shrink $732 million deficit

Chicago Public Schools told principals Tuesday that the district is planning to cut the number of regular teachers who work in schools next year, a change that could result in bigger class sizes. CPS ...
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CPS Energy's board delays vote on record $2.87B budget, wants more time to review it

The vote on a record-breaking CPS Energy budget was postponed after some board members said they needed more time to review last-minute material. Not only is the proposed budget for the current fiscal ...
PBS

CPS Faces $730M Budget Deficit. A Look at the Impact

Chicago Public Schools leaders cite rising pension payments and operating costs. Chicago Public Schools leaders cite rising pension payments and operating costs for worsening the district's finances.